Minsheng Securities: Accelerating the globalization of China's tire industry by leveraging the advantages of intelligent manufacturing.
Chinese tire companies have significant advantages in terms of labor costs and intelligent manufacturing. In the short term, they have achieved rapid expansion based on the population dividend. In the medium term, they are accelerating the globalization process with the advantage of intelligent manufacturing. In the long term, they are expected to obtain brand premium based on their technical strength.
Sailun Group's H1 Attributable Profit More Than Doubles as Operating Income Jumps
Sailun Group's 2024 semi-annual report
Summary of Half-Year Report in 2024.
Gelonghui announcement selection | Hubei Heyuan Gas Co., Ltd.: plans to invest 2.2 billion yuan in the construction of electronic gas center and global headquarters in Donghu Comprehensive Bonded Zone; Sailun Group: net income in the first half of the yea
Signing Project: Harbin Pharmaceutical Group (600664.SH): plans to invest 9.162 million yuan in the renovation project of Harbin Pharmaceutical Institute of Traditional Chinese Medicine; plans to invest 10.06 million yuan in the heating network project in the Nanzhiliu Factory of Harbin Pharmaceutical Co., Ltd. Chongqing Taiji Industry (600129.SH): Subsidiary Tongjunge Pharmaceutical Factory plans to build Phase I of the new plant area; Hubei Heyuan Gas Co., Ltd. (002971.SZ): plans to invest 2.2 billion yuan in the construction of the electronic gas center and global headquarters in Donghu Comprehensive Bonded Zone; Hunan Boyun New Materials (002297.SZ): plans to invest 60.006 million yuan in the renovation of Boyun New Materials Innovation Industrial Park.
Sailun Group Co., Ltd.'s (SHSE:601058) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
While Institutions Own 31% of Sailun Group Co., Ltd. (SHSE:601058), Retail Investors Are Its Largest Shareholders With 37% Ownership
We Think Sailun Group (SHSE:601058) Might Have The DNA Of A Multi-Bagger
Huachuang Securities: Tire raw material costs are expected to fall in the second half of the year, waiting for the marine transportation cost to reach the inflection point.
As natural rubber enters its peak supply period in the second half of the year, coupled with the bottoming out and rebound of refinery operating rates, it is expected that synthetic rubber prices will fall, which will help alleviate cost pressures on tire companies.
Sailun Group's performance is expected to increase in the first half of 2024.
Express News | Sailun Says It Sees H1 Net Profit up 102.7-108.4% Y/Y
Sailun Group (601058.SH): Net income in the first half of the year is expected to increase by 102.68% to 108.41%.
Sailun Group (601058.SH) announced the performance forecast for the first half of 2024. It is expected to achieve a net income attributable to shareholders of the listed company of ¥2.12 billion to ¥2.18 billion, an increase of ¥1.074 billion to ¥1.134 billion compared to the same period last year (legally disclosed data), a year-on-year increase of 102.68% to 108.41%. It is expected to achieve a deducted non-recurring profit and loss net profit attributable to shareholders of the listed company of ¥2.03 billion to ¥2.09 billion in the first half of 2024, compared to the same period last year (disclosed data).
Benign Growth For Sailun Group Co., Ltd. (SHSE:601058) Underpins Its Share Price
Sailun Group (601058.SH) shareholder China Union has reduced its shareholding by 1%.
Sailun Group (601058.SH) issued a public announcement. On June 19, 2024, the company received a letter from shareholder Xinhua United Control...
The Total Return for Sailun Group (SHSE:601058) Investors Has Risen Faster Than Earnings Growth Over the Last Five Years
Sailun Tire (601058.SH) plans to pay 0.17 yuan per share in 2023, excluding interest on June 7
Sailun Tire (601058.SH) announced that the company plans to pay a cash dividend of 0.17 yuan per share in 2023...
Race Wheel Tire (601058.SH): Currently, the company's export products have not been forced to be suspended
Gelonghui, May 22丨Sailun Tire (601058.SH) said on the investor interactive platform that currently the company mainly exports tires to North America through factories in Vietnam and Cambodia, and currently the company's exports of products have not been suspended.
Sailun Group Co., Ltd.'s (SHSE:601058) Stock Is Going Strong: Is the Market Following Fundamentals?
Sailun Tire (601058.SH): The current rise in shipping costs has not had a significant impact on the company
Gelonghui, May 14 | Sailun Tire (601058.SH) said on the investor interactive platform that the company's current sales to overseas customers are mainly based on the FOB model, and at the same time, it also signed long-term agreements for some routes in 2024. Therefore, the current rise in sea freight rates has not had a significant impact on the company.
Cinda Securities: Domestic demand is steady and improving, and 24Q1 Tire Company's revenue and profits are showing a positive trend
2024Q1, the revenue and profits of listed tire companies have basically increased year-on-year. This is mainly due to the steady improvement in domestic demand, and overseas demand was disrupted by inventory removal during the same period in 2023.
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